keywords: Debt

A policy genuinely in support of moving into employment would not seek to capitalise on the ambiguity of accounting in the year of transition from welfare to work — which is effectively what robodebt does.

One of the ironies of the intensifying tariff war between America and China is that that neither of the two giants seems to have a viable economic model. Both countries' systems are based on dodgy financial engineering and printing money, or just inventing new types of money out of thin air.

While the current economic climate is cause for concern, it is not the time to panic. A more sensible alternative to austerity is for governments, business, unions and charities to look for ways we can together soften the impact of any global downturn. This will require bipartisan agreement to sacrifice some or all of the budget surplus.

According to anecdotal evidence, Pauline Hanson arrived at Uluru, climbed up to 'chicken rock', slid back down on her backside and then, later, met with some Anangu elders to 'get permission' to climb Uluru. The disrespectful farce was but one illustration of how the week went when it comes to showing respect for Indigenous rights and views.

While money can be transacted for things that are bad — air pollution, road deaths, cigarette ads — as long as more transactions occur, it creates the illusion the economy is growing, which, ipso facto, is good. Thus, Japan's GDP rose sharply after the tsunami disaster. New Zealand's initiative will track better what is really happening in the country.

The globe is being split into two, with Australia nervously sitting between the two sides: America and China. At least we have a trade deficit with America so are not an immediate target. But we might want to consider becoming more self-sufficient and broadening our industrial base.

I do not believe that most people do accept these violations of dignity, these instigations of shame. But the fact that we as a nation have tolerated these settings for so long makes it look like neoliberalism has crept into our souls, that we accept the institutionalisation of fear and shame.

The Australian economy rests on a decades-long property gamble that has disenfranchised younger generations. It is why the differing policies of the two major parties at the federal election take on an unusual significance. The voters' choice will go a long way towards determining if that generational split will get better or worse.

Ecuadoreans have a popular expression, hacer la casita — roughly, 'they deceived us by promising something that was not going to be fulfilled'. This is what most Ecuadoreans are feeling now about president Lenín Moreno following his economic shift to the right, and the withdrawal of the asylum granted to Julian Assange by his predecessor.

Natalie Brennan, general manager of Muffin Break, accused 'millennials' of no longer seeing the value in 'experience', and of having an 'inflated view of their self-importance'. Ironically, she has an inflated view of her company's importance if she believes 'millennials' should jump at the opportunity to work for her in an unpaid internship.

This week the presidents of bishops conferences and representatives of religious congregations around the world will meet in Rome to reflect on responses to the sexual abuse of children To understand and evaluate the meeting, we should keep in mind its background and the different groups that have a particular interest in it.